PotlatchDeltic (PCH) CAO sells 738 shares under 10b5-1 tax arrangement
Rhea-AI Filing Summary
PotlatchDeltic Corporation’s Chief Accounting Officer, Glen F. Smith, reported a routine insider transaction. On January 9, 2026, he sold 738 shares of common stock at a weighted average price of $41.80 per share. According to the disclosure, the sale was made under pre-set written instructions adopted on August 12, 2024 that are intended to meet the affirmative defense conditions of Rule 10b5-1(c), and reflects a “sell to cover” election solely to satisfy tax withholding on previously granted restricted stock unit and performance share awards, rather than a discretionary trade. Following this transaction, he beneficially owns 8,159.411 shares, which include adjustments for accrued dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 738 | $41.80 | $31K |
Footnotes (1)
- These sales were effected pursuant to written instructions adopted by the reporting person on August 12, 2024, which are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). Pursuant to the written instructions, the reporting person made a "sell to cover" election for the sole purpose of satisfying the tax withholding obligations arising upon the settlement of previously granted restricted stock unit awards and performance share awards. These sales do not represent discretionary trades by the reporting person. The price shown is a weighted average sales price for shares sold in multiple transactions; the sales prices ranged from $41.64 to $41.99 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. Includes adjustments for dividends accrued.
FAQ
What insider transaction did PotlatchDeltic (PCH) report in this Form 4?
The filing reports that Chief Accounting Officer Glen F. Smith sold 738 shares of PotlatchDeltic common stock on January 9, 2026 at a weighted average price of $41.80 per share.
Was the PotlatchDeltic (PCH) insider sale a discretionary trade?
No. The disclosure states that the sales do not represent discretionary trades by Glen F. Smith and were executed under a Rule 10b5-1(c) trading plan with pre-set written instructions.
What type of securities are involved in this PotlatchDeltic (PCH) Form 4?
The reported transaction involves non-derivative PotlatchDeltic common stock. No derivative securities are listed as acquired or disposed of in the excerpt provided.